Solutions

Do you need a billion-dollar solution? Are any of the following statements true?

• Your projects do not normally meet their commitments.
• Your project system seems to be at the breaking point.
• Quality of work life is poor and employee burnout is high.
• You only foresee the problems getting worse.

Many organizations today experience problems with project speed, predictability, and productivity. Meanwhile, significant changes usually involve significant risks. ProChain Project Management (PPM) has reliably delivered huge improvements in speed, on-time performance, and productivity to some of the world's largest corporations. ProChain’s low-risk Billion Dollar Solution is based on its proprietary RACER™ implementation approach. RACER looks like this:

• Realize the Vision of dramatic improvement, by:
• Activating Guiding Principles that will set you apart from your competitors. These principles include:
• Ownership: How do you build ownership in a shared vision?
• Leverage: Where should you apply your people's efforts in order to be most effective?
• Priorities: How should work be prioritized in order to maximize productivity?
• Status: What status information is essential to a real solution?
• Planning: How can you create credible, predictive plans?
• Uncertainty: How do you quantify and discuss the uncertain aspects of projects?
• Changing Behaviors to enable your people to be more effective and productive. Some behaviors that are dealt with:
• Single- and multiple-project scheduling and updating
• The "relay race" approach and associated work rules
• The language of PPM
• Employing the Right Tools to make the changes stick, such as:
• Critical chain scheduling
• Buffer management and buffer indicators
• The "Confetti Factory" game
• Implementation measurements
• Reshaping Processes to fit the new tools and behaviors into your organization. Some of the processes discussed include:
  • Project updating
  • Implementation
  • Communication

You can build your own Billion-Dollar Solution by following these steps:

1. Get the full picture of a Billion Dollar solution by ordering and reading a copy of the book. Senior managers may want to focus on the implementation story of Imventure, a fictional pharmaceutical company, told in parts 1 and 3. Project and functional managers may want to spend more time on the details of tools, behaviors and processes described in Part 2. Download excerpts here.

2. Contact ProChain Solutions to set up a meeting to discuss the approach that makes sense for your company and your situation.

3. Work with ProChain to plan your implementation using the RACER elements.

4. Implement the tools and processes you need to achieve your billion-dollar solution.